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August 20, 2022, 11:40 AM
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memeorandum
WeSmirchTop News
| Patricia Hernandez / Kotaku: |
Zuckerberg responds to the mockery of the Horizon Worlds selfie, saying it was taken quickly to celebrate a launch and promises major updates to avatar graphics — Earlier this week was supposed to be a celebratory time for the folks at Meta, as its reality-devouring project Horizon Worlds was now available in more countries.
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The Verge, Mark Zuckerberg, Livemint, Insider, TheGamer, Slate, Mashable, Polygon, Social Media Today, TechCrunch, and Engadget
Tweets: @rmac18, @ordinarytings, @lifebettergreen, @datnofact, @mollywood, @benitopagotto, @stevekovach, @hankgreen, @om, @alexeheath, @walldo, @howlmedia, @hackingbutlegal, @nateingraham, @kateconger, @hmltn, @caseynewton, @hackingbutlegal, @rmac18, @elipariser, @karaswisher, @yoda, @limitlessjest, @paultassi, @kellymakena, @thrilluwu, @adamnash, @peterpham, and @leslievdb
| Michael McSweeney / The Block: |
FDIC issues cease-and-desist letters to FTX US and four other crypto firms over making “false representations” that their crypto products might be FDIC-insured — - The Federal Deposit Insurance Corporation (FDIC) said Friday that it sent cease-and-desist letters to five crypto companies … | Cristina Criddle / Financial Times: |
Match Group COO and CFO Gary Swidler says sign-ups on Tinder “have not returned back to pre-pandemic levels” and “new users remain a challenge” — World's dominant dating app seeks new ways to achieve growth as rivals such as Bumble and Thursday thrive
More:
Mashable
| Nikkei Asia: |
A look at the challenges ahead for China's e-CNY, as total transaction volume reached $12.3B in May and ~4.6M merchants across China now accept the digital yuan — Expansion will require new rules and huge investment in datacenters and other infrastructure.| New York Times: |
Twitter CFO Ned Segal told employees in an email that they might receive only half of their annual bonuses as the company grapples with economic uncertainty — The company blamed its financial performance for the potential bonus cut. — Twitter warned its employees on Friday … | Richard Nieva / Forbes: |
Report: TikTok's in-app browser injects JavaScript that can track users' keystrokes and taps into websites; TikTok confirms the code but says it's for debugging — When TikTok users enter a website through a link on the app, TikTok inserts code that can monitor much of their activity …
More:
Felix Krause, New York Times, The Verge, TechCrunch, CNET, PCMag, MacRumors, Insider, VICE, Columbia Journalism Review, BleepingComputer, SlashGear, Cult of Mac, MobileSyrup, Gizchina, New York Post, HotHardware, Silicon Republic, TechSpot, iPhone in Canada Blog, Gizmodo, OSnews, BGR, gHacks Technology News, KnowTechie, 9to5Mac, iPhone Hacks, Phandroid, Mashable, Fossbytes, AppleInsider, Six Colors, and Pixel Envy
Tweets: @krausefx, @krausefx, @tedcruz, @richardjnieva, @lorenzofb, @tiktokcomms, @krausefx, @wongmjane, @krausefx, @rmac18, @geoffrbennett, @markmaxwelltv, @wbm312, @tiktokcomms, @bob_burrough, @lukolejnik, @krausefx, @wbm312, @draglikepull, @lukolejnik, @wbm312, @lukolejnik, @keleftheriou, @bmcclendon, @lukolejnik, @ianmurren, @josephfcox, @rakeshlobster, @brianroemmele, @jaspar, @senpaterson, @johnpaczkowski, @moonalice, and @holgr
| Rachael Levy / Reuters: |
Sources: Elon Musk approached brain-computer interface developer Synchron about a potential investment, after expressing frustration with Neuralink's progress — Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch … | Casey Newton / The Verge: |
An interview with NFT project Loot creator Dom Hofmann, who says it still has ~200 developers despite the project's market cap falling from $180M+ to under $6M — Loot's Dom Hofmann on outlasting the hype cycle, public-domain video games, and why Creative Commons is the future
Tweets: @yoda, @caseynewton, @alexhern, and @caseynewton
| Cat Zakrzewski / Washington Post: |
The House Oversight Committee demands data from eight social media firms about their response to online threats against law enforcement after Mar-a-Lago search — House Oversight Committee leaders called on eight social networks, including Meta, Truth Social and Gab, to turn over details …
More:
CBS News, Florida Politics, The Verge, New York Times, The Verge, VICE, New York Post, Toronto Star, Engadget, Gizmodo, and The Verge
Tweets: @corbinkbarthold and @mattnavarra
| Aaron Holmes / The Information: |
Source: Cisco CEO said that the company will increase operating expenses by $1B over the next year, amid employee frustration over wages and high staff turnover — Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase … | Dell Cameron / Gizmodo: |
The US House approved a budget amendment in July requiring the DoD to disclose smartphone or web browsing data purchases; Senate still needs to approve it — The House approved a little-discussed budget amendment requiring the Pentagon to make its data purchases public. Now the Senate will decide its fate.
Tweets: @dellcam
| Wall Street Journal: |
Dealogic: July 2022 was the first month in five years that no new SPACs raised money, after SPAC IPOs peaked in March 2021 with over $36B raised — Once-hot blank-check firms have fallen out of favor alongside cryptocurrencies and other speculative investmentsSponsor Posts
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Zoho:
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